Advisory: Information relates to the law prevailing in the year of publication/ as indicated . Viewers are advised to ascertain the correct position/prevailing law before relying upon any document.
Disclaimer:The above calculator is only to enable public to have a quick and an easy access to basic tax calculation and does not purport to give correct tax calculation in all circumstances. It is advised that for filing of returns the exact calculation may be made as per the provisions contained in the relevant Acts, Rules etc
This section contains online income tax calculators for Nigeria. Each income tax calculator allows for employment income, expenses, divided, business and personal activity, everything you will require to calculate your income tax return for 2018/19
Calculating your income tax in Nigeria is simple, simply select a specific online income tax calculator from the list below to calculate your annual gross salary and net take home pay after tax deductions in Nigeria.
Nigeria uses a Pay As You Earn (PAYE) deduction model, similar to that used in the United Kingdom, whereby tax is deducted at source via employers and paid directly to SARS on behalf of the employee. This means that tax affairs for most are fairly simple. This Nigeria PAYE Calculator allows you to compare salaries, deductions and annual earnings and is useful for employers who want to calculate the total cost of an employee.
Each calculator provides the same analysis of pay but is simplified to allow you to enter your salary based on the frequency you are being paid (hourly, daily etc.). Each salary calculator includes personal tax allowances, calculates full income, expenses, applies tax credits, medical/pension deductions etc. and provides a breakdown of your annual salary with Monthly, Quarterly Weekly, Daily and Hourly pay illustrations.
All Tax Calculators on FollowTaxes are updated with the latest Tax Rates Personal Allowances for the 2018/19 tax year. Please contact us if you would like to have additional features added to the Nigeria Tax Calculator, changes are free, our aim is to facilitate free tax calculations across the globe, all we ask is your support and feedback. If you spot an error, let us know, if you want a specific layout of allowance / deduction etc. get in touch.